Several seasoned enforcement attorneys are poised to leave their posts within the crypto assets and cyber division of the U.S. Securities and Exchange Commission (SEC).

That’s according to Fox Business correspondent Charles Gasparino who, on Feb. 9, warned that there had been an increased circulation of resumes from current SEC staff — a sign that many of them were looking to jump ship.

The report comes as undercurrents of discontent continue to surface alongside assertions within the crypto industry that the agency chair, Gary Gensler, is overly restrictive with companies.

Fox Business journalist Eleanor Terrett recently reported that the SEC is seeking to move forward with a record funding request of $2.4 billion, intended to fortify the agency by adding 170 staff positions. A portion of that amount is earmarked for the very unit facing potential attrition.

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Author: Julius Mutunkei

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